Discounts for an insurance shopper

As an insurance shopper, you should check with your
insurance company, agent or broker about possible
discounts that may be applicable to you, such as:
Driver Training Discount: Most companies offer a discount
or a reduced premium for new drivers who have completed
a recognized driver training program.

Group Discount or Group Rates: If you belong to an
eligible group, check to see if they offer group rates.
An eligible group may include employees of the same
employer, members of a union or professional or
occupational association, or certain non-profit associations.

Multi-Policy Discount: Some insurance companies offer a
discount if you purchase your car and home insurance from
the same company. This discount can range from 3 to 15%.

Multi-Vehicle Discount: You may be able to get a
discount if you insure more than one vehicle with the
same insurance company. The multi-vehicle discount can
range from 5 to 15%.

Renewal Discount: Your company may offer you a renewal
discount if you have been with the company for a certain
number of years without an at-fault accident. The discount
can range from 5 to 20%.

Retiree Discount: If you are retired and meet certain
conditions, you may be able to get a retiree discount on
your premium. The retiree discount can range from 5 to
15% off your premium for the accident benefits coverage.

Other Discounts: Some companies may offer discounts if
your yearly car mileage is low or if you have installed an
alarm in your car. Each company applies discounts differently,
with some applying it to certain coverages only,
while others apply it to your entire premium. Check with
your broker, agent or insurance company to find out what
discounts are available and how they are applied.